Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 4 June 2012

Reliance

Today, 680 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 680 is crucial for short term. Positional Traders, trade long above 680 for a target of 710. Trade short below 680 for a target of 640.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 30 May 2012

Today, 4970 is the crucial intraday level for Nifty.

If Nifty sustains below 4970, then it could test 4930 and below that level it could test 4850.
Instead, if Nifty trades above 4970 then it could test 5020.